고속철도 개통이 지역 부동산시장에 미치는 영향

The Influences of the Local Real Estate Market by the Opening of KTX

1. CONTENTS (1) RESEARCH OBJECTIVES The opening of KTX, high-speed railway, is expected to cause a lot of changes to our Areas, and to change the spatial structure of the city. The purpose of this study is to find out that how the opening of the high-speed rail has affected on the apartment pricing structure around Daejeon Station area. (2) RESEARCH METHOD We use a panel data model as an empirical analysis. The Panel analysis of the two models, fixed effect model and random effect model, is used. (3) RESEARCH FINDINGS After the opening of KTX, the independent variables have affected on the price of the apartment on Daejeon station area in the significance level(ρ)<(0.05 as possibility, Especially, the variables of the physical characteristics variables, such as the ela psed years, and KTX characteristic variables, such as the number of employees, the number of KTX customers, were st atistically significant. These independent variables have influenced on the price of the apartment with positive sign(+). 2. RESULTS We hope this research helps other study about the influence on the other KTX area and is able to use by government's transportation policy as a reference.